Cosmo Energy Holdings
Cosmo Energy Holdings and KEPCO Initiate Joint Studies Toward the Establisment of a CCS Value Chain in the Sakai-Semboku Area
October 13, 2023
Cosmo Energy Holdings Co., Ltd.
The Kansai Electric Power Co., Inc.
Cosmo Energy Holdings Co., Ltd. and The Kansai Electric Power Co., Inc. have initiated joint studies toward the establishment of a CCS1 value chain in the Sakai-Semboku area based on a memorandum of understanding between the two companies.
These studies will evaluate the rational design and economic viability of a CCS value chain that encompasses the separation and capture of carbon dioxide (CO2) emitted from business sites operated by the two companies in the Sakai-Semboku area through to the joint liquefaction and storage, and subsequent shipment of captured CO2 to storage sites. In addition, these studies will investigate the feasibility and economic viability of liquefied CO2 transportation modes and potential storage sites.
The joint study of liquefaction, storage, and shipping facilities by the two companies will enable the design of a larger and more efficient facility.
The two companies will conduct studies toward the establishment of an area-wide CCS value chain, with a view to future cooperation with other business operators that have CO2 emission sources2 in the Sakai-Semboku area, thereby contributing to the realization of a zero-carbon society.
1 CCS (Carbon capture and storage) is a technology that captures CO2 from exhaust gas and stores it underground.
2 Factories, power plants, and other business sites that emit CO2
Project Overview
| Purpose | This project aims to build a rational CCS value chain by jointly liquefying, storing, and shipping CO2 separated and captured from business sites operated by the two companies in the Sakai-Semboku area. |
| Study outline | ・Studies related to the capture of CO2 emitted from business sites operated by the two companies in the Sakai-Semboku area
・Studies related to the liquefaction and temporary storage of CO2 captured from each business site
・Studies related to CO2 pipeline transportation outside of each business site
・Studies related to the loading of liquified CO2 from shipping piers
・Research on potential storage sites and modes of transportation from the Sakai-Semboku area to potential storage sites
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＜Conceptual diagram of research on CO2 capture, storage, and shipment＞
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